The Coin Rise
2022-07-11 07:34:12

U.K. Jeweler Graff sues insurer Travelers for not covering $7.5M Bitcoin Ransomware losses

British jewelry giant Graff Diamonds Corp. has recently filed a lawsuit against The Travelers Companies, Inc. Latter allegedly failed to provide indemnification for the former’s loss of $7.5 million to ransomware attackers. As per a report by Bloomberg, in September last year, the security system of Graff had been exploited by the Russian ransomware group Conti. This […]The post U.K. Jeweler Graff sues insurer Travelers for not covering $7.5M Bitcoin Ransomware losses appeared first on Blockchain, Crypto and Stock News.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.